Honda Bike prices have been increased once again. In our story last month, we notified that there is a high chance that Atlas Honda will increase bike prices in April. Honda bikes are highly in demand in Pakistan as commute vehicles. Due to the congested roads, low income, and rising fuel charges, people cannot afford to buy cars. Therefore, Honda bikes are their next best alternative. However, the growing inflation has drastically impacted the price of Honda bikes by making them out of reach of the public. Atlas Honda has once again announced a hike in its prices for April 2023.
Honda has several bike options for customers. Customers choose between Honda Pridor, Honda CD 70, Honda CG 125, and Honda CB 150. All of them have ex[erienced a significant price hike of up to PKR 15,000. This is not the first time that Atlas Honda has raised the price. The latest Honda bike prices will mark the fourth price hike in the last two years. The new prices will be executed from April 1st, 2023.
Latest Honda Bikes prices
Let’s look into detailed Honda bike price changes for April 2023.
Honda CD 70
Honda CD 70 was available for sale at Rs. 144,900. However, the recent price rise of Rs 5000 has made it cost Rs 149,900. Honda CD 70 Dream’s new price will be Rs. 160,900 after the price rise of Rs. 5,400. Honda Cd 70 Dream’s old price was Rs. 155,500.
| Variant | New Price | Old Price | Change |
| Honda CD 70 | Rs. 149,900 | Rs. 144,900 | Rs 5,000 |
| Honda CD 70 Dream | Rs. 160,900 | Rs, 155,500 | Rs. 5,400 |
Honda Pridor
Honda Pridor cost Rs. 190,500 before the hike. However, the price rise of Rs. 7,400 will cost Rs. 197,900 from April 1st, 2023.
| Variant | New Price | Old Price | Change |
| Honda Pridor | Rs. 197,900 | Rs. 190,500 | Rs 7,400 |
Honda 125
The price of Honda 125’s base variant has risen to Rs. 8,000. So, the new price will be Rs. 222,900, which was Rs. 214,900. Honda CG 125 SE’s new rate will be Rs. 265,900 after a change of Rs. 10,000. Its earlier price was Rs. 255,900. Similarly, Honda CB 125F has also gone through an increase of Rs. 15,000. Its rate was Rs. 350,900, but now it costs Rs. 365,900.
| Variant | New Price | Old Price | Change |
| Honda CG 125 | Rs. 222,900 | Rs. 214,900 | Rs 8,000 |
| Honda CG 125 SE | Rs. 265,900 | Rs, 255,500 | Rs. 10,000 |
| Honda CB 125F | Rs. 365,900 | Rs. 350,900 | Rs. 15,000 |
Honda CB 150
Honda CB 150F is also not behind in this price hike. However, it has faced the highest price increase of Rs. 15,000 in the lineup. Honda CB 150F (Silver) was Rs. 447,900, now costing Rs. 462,900. Moreover, the price of the Honda CB 125f (Black/ Red) was Rs. 443,900, which is currently Rs. 458,900.
| Variant | New Price | Old Price | Change |
| Honda CB 150F Silver | Rs. 462,900 | Rs. 447,900 | Rs 15,000 |
| Honda CB 150F (Black/Red) | Rs. 458,900 | Rs. 443,900 | Rs. 15,000 |
Conclusion
The reason for these price changes is the depreciation of the Pakistani Rupee against the US Dollar. Moreover, the State Bank of Pakistan is not issuing LC to the traders due to decreasing foreign exchange. All these price changes are significantly affecting the sales of Honda bikes. Currently, the sales are at their lowest in the year 2023.
